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Stock Markets Had a Rough Second Yesterday - Bloomberg View - 0 views

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    "high-frequency trading that you hear a lot is that it destabilizes markets, because all the computers trading with each other don't have the common sense famously possessed by stock exchange floor traders, and so they sometimes do dumb stuff like sell stock for a penny or buy it for $99,999.99, and then later when you yell at them they just point to their algorithms and shrug. "
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